Which item does not describe a world-class company?

Chapter 7 (MCQs)

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University
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Easy
Meredith Gray
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38 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the goal of a world-class company is to delight its customers
customers in a world-class company are external departments only
world-class companies work in cross-functional teams
a world-class company has a flat organizational structure
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which subsystem is not a part of the production system?
directing the movement of work through the process
determining raw material requirements
authorizing work to be performed
monitoring the flow of cost information related to production
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of the cost accounting system is to
produce information for inventory valuation
authorize release of raw materials
direct the movement of work-in-process
determine material requirements
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which process creates a homogeneous product through a continuous series of standard procedures?
batch process
make-to-order process
continuous process
none of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of a continuous process is the production of
wedding invitations
milk products
jet aircraft
all of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are characteristics of batch processing except
each item in the batch is similar
batches are produced in accordance with detailed customer specifications
batches are produced to replenish depleted inventory levels
setting up and retooling is required for different batches
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When determining which items to produce, a firm must know
last year’s production level
raw material inventory levels
the standard cost of the item
the sales forecast
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